THE DISTILLERY: Gyngell greatness

The commentariat admires David Gyngell's and Nine's success, and gives the ASX's new disclosure rules the thumbs up.

Coincidence links two of Australia’s premier business commentators on the Nine Entertainment deal that will help solidify the already enviable reputation of chief executive David Gyngell. The Nine boss has some new owners, a new outlook and a new kid, mazal tov! Also this morning, the ASX’s draft rules on continuous disclosure get a thorough examination and receive a positive verdict.

Firstly, Fairfax’s Malcolm Maiden writes that things certainly went "down to the wire” with the Nine Entertainment negotiations.

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